MIAMI--(BUSINESS WIRE)--Nov. 26, 2004--Viva International, Inc. (OTCBB:VIVI - News) announced today that it had agreed to accept the assignment of an aircraft lease for a SAAB 340A s/n-073 from Bank of America (NYSE:BAC - News) and Ford Motor Credit Company (NYSE:F - News) as owners. The lease will be administered by State Street Bank and Trust Company.
A Company spokesman was quoted as follows, "Viva's revised strategic plan was to move towards the small commuter type aircraft. The acceptance of the assignment of an existing lease puts us in to the execution phase of building our fleet of aircraft. The Company's plan is to utilize 10 SAAB 340's as the cornerstone of our Caribbean passenger and cargo service. The Company currently plans to obtain an additional five (5) SAAB 340's through its relationship with the Bank of America/Ford Motor connection and seek to satisfy its remaining requirements through other vendors".
The spokesmen added further, "We have received commitments that allow us to satisfy the financial terms pertaining to the lease deposit by November 30, 2004 and accordingly, the Company is positioning itself for its entry into operations. The Company's revised business plan has forecast expected future revenues to approximate $35 million during its first full year of operations with a better than industry average net earnings. This is an exciting time for the Company. We expect numerous updates during the upcoming weeks as we demonstrate performance on our plan to our shareholders and the financial community".
This press release contains forward-looking statements within the meaning of Section 27A of the securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance and perceived opportunities in the market and statements regarding the Company's missions and vision. The Company's actual results, performance and achievements may differ materially from the results, performance and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission
posted
In at .12 out at .17.Keep your eye on this think it's gonna run some more this week.Good Luck
Posts: 942 | From: tracy,ca U.S.A | Registered: Aug 2004
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Holding gains looks like people are buying for longer term.Watch for am run.Good Luck
Posts: 942 | From: tracy,ca U.S.A | Registered: Aug 2004
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No just scatter brained got a sick 6 year old driving me crazy.Looks like you are still picking winners.Man can't wait for a normal day so i can pay attention on stocks LOL.
quote:Originally posted by keithsan: whats the matter TT didn't like the old thread ; )
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Tried to tell everyone making money all alone.LOL Back in at .20 late when she started running again.sitting at .25 now
Posts: 942 | From: tracy,ca U.S.A | Registered: Aug 2004
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quote:Originally posted by tigertony: Tried to tell everyone making money all alone.LOL Back in at .20 late when she started running again.sitting at .25 now
posted
Out at .24 holding some free shares.Meshoe must be nice.Good for you everytime i hold to long i get burned.Good Luck
Posts: 942 | From: tracy,ca U.S.A | Registered: Aug 2004
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This is up 45% today, I think the market is realizing that this is way undervalued!
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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I THINK NEWS WILL COME OUT ABOUT FLIGHTS SOON THE PRICE RISES BEFORE NEWS COMES OUT
Posts: 50 | From: michigan | Registered: Jan 2005
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Viva Agrees to Sale of Inactive Subsidiary Monday January 10, 12:25 pm ET
MIAMI--(BUSINESS WIRE)--Jan. 10, 2005--Viva International, Inc. (OTCBB:VIVI - News) announced today that it reached an agreement to sell its wholly owned subsidiary, Hardyston Distributors, Inc. The agreement made as of December 31, 2004 including modifications through this morning will upon completion merge Vox Telecommunications, Inc. (VOX) into Hardyston. VOX will immediately commence appropriate filings and registrations to facilitate its plan to become a public company. The transaction provides for the assumption of up to $50,000 in liabilities by VOX and for 4 million shares in the newly formed company to be tendered to shareholders of Viva as of a record date to be announced by the Company's Board of Directors.
The agreement is subject to approval by the primary lending sources of Vox Telecommunications Inc.
Vox Telecommunication, Inc., a corporation organized in New York, is a developmental stage company that plans to operate an Internet based long distance telephony network using state-of-the-art Voice Over Internet (VOIP) protocol. Its long distance services intend to be marketed mainly by third parties to end users in the form of pre-paid phone cards or other media. Marketing efforts will also include direct personal computer (PC) access under long term marketing agreements.
Robert Scott, Viva's Chairman commented as follows, "Consistent with our prior announcements of the Company's plan to sell off some or all of its existing inactive, dormant or non-operating subsidiaries, we are pleased to announce our agreement governing the Hardyston subsidiary. We believe this transaction provides Viva some financial relief as well as provides the opportunity for our shareholders to receive, via a dividend from Viva, an ownership position in an additional public company."
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words such as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.
-------------------------------------------------------------------------------- Contact: Viva International, Inc., Miami Robert J. Scott, 231-946-4343 or Nubuzz, Inc. Pier S. Bjorklund, 800-454-7912
-------------------------------------------------------------------------------- Source: Viva International, Inc.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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Any they hired NuBuzz, Inc (at the end of December '04), the relations and marketing firm who has promoted such artists as Backstreet Boys, N'Sync, Mandy Moore and LFO.
WATCH OUT!!!
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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Viva Establishes Dominican Offices Friday January 21, 2:21 pm ET
MIAMI--(BUSINESS WIRE)--Jan. 21, 2005--Viva International, Inc. (OTCBB: VIVI - News) announced today that Viva Air Dominicana, S.A., its Dominican airline subsidiary has secured offices and has begun setting up its city ticket and tour charter sales offices in the Dominican Republic. Viva recently completed negotiations and executed a term lease for the offices which are located adjacent to other major airline carriers in Santo Domingo, Dominican Republic. The Company anticipates the office to be in full operation within 10 business days. Viva's current plan is to begin flight operations in Dominican Republic and throughout the Caribbean in early March of 2005 in expectation of obtaining all necessary approvals.
"We are pleased that the long process of sight selection and lease negotiations has been completed, commented Pier S. Bjorklund, Viva's public relations and business development consultant. Previously, we have shipped all the furniture and office equipment necessary to the Dominican Republic in preparation for this day."
During the past year, Viva's management has held significant numbers of meetings with Caribbean hotel and tourism organizations to determine the demand for commuter airline operations to and from the Dominican Republic. In addition, Viva has been able to successfully complete negotiations with the Dominican government to become recognized as a Dominican Republic Flag Carrier. This recognition is expected to provide substantial economic rights and marketable benefits to Viva Air Dominicana, S.A.
"We have been encouraged by the outstanding level of local community support thus far, commented Oscar Hasan of Viva Air Dominicana. S.A. We feel encouraged about our acceptance and look forward to contributing to the exciting continued growth of the country's' economy. Our local staff is eager to begin promoting the "FLY VIVA" marketing campaign next week through out the island's tour industry."
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.
-------------------------------------------------------------------------------- Contact: Viva International, Inc. Robert J. Scott, 231-946-4343 or Nubuzz, Inc. Pier S. Bjorklund, 800-454-7912
-------------------------------------------------------------------------------- Source: Viva International, Inc.
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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